UNITED BAKERIES NORWAY AS

1351 RUD

Finances

Share Ownership

Return on Equity

27,45 %

Current Ratio

2,31

Debt-to-Equity Ratio

0,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	697 531 000	654 875 000	590 045 000	597 640 000
Net Income	25 138 000	34 133 000	26 261 000	29 079 000
Total Assets	193 620 000	182 198 000	197 005 000	219 073 000
Total Equity	91 564 000	91 727 000	63 226 000	84 756 000

Income (NOK)	2022	2021	2020	2019
Revenue	697 531 000	654 875 000	590 045 000	597 640 000
Expenditure	670 427 000	611 804 000	555 991 000	561 722 000
Operating Profit	32 011 000	43 071 000	34 054 000	35 917 000
Financial Income	4 573 000	3 168 000	3 519 000	3 073 000
Financial Costs	4 220 000	2 273 000	3 847 000	1 639 000
Financial Balance	353 000	895 000	−328 000	1 434 000
Earnings Before Tax	32 364 000	43 966 000	33 726 000	37 352 000
Tax	7 226 000	9 833 000	7 466 000	8 272 000
Net Income	25 138 000	34 133 000	26 261 000	29 079 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	32 767 000	33 418 000	14 609 000	57 523 000
Total Current Assets	160 852 000	148 780 000	182 397 000	161 550 000
Total Assets	193 620 000	182 198 000	197 005 000	219 073 000
Total Retained Equity	29 369 000	29 533 000	1 032 000	22 562 000
Total Equity	91 564 000	91 727 000	63 226 000	84 756 000
Total Long-Term Debt	32 438 000	0	0	0
Total Current Debt	69 618 000	90 471 000	133 779 000	134 317 000
Total Equity and Debt	193 620 000	182 198 000	197 005 000	219 073 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	698 254 000	654 875 000	589 726 000	598 534 000
Other Income	−723 000	0	318 000	−894 000
Revenue	697 531 000	654 875 000	590 045 000	597 640 000
Cost of Goods Sold	447 710 000	469 140 000	442 986 000	458 294 000
Salary Costs	61 247 000	60 287 000	54 570 000	56 277 000
Depreciation	1 519 000	2 025 000	2 002 000	1 695 000
Impairment	0	0	0	0
Expenditure	670 427 000	611 804 000	555 991 000	561 722 000
Operating Profit	32 011 000	43 071 000	34 054 000	35 917 000
Financial Income	4 573 000	3 168 000	3 519 000	3 073 000
Financial Costs	4 220 000	2 273 000	3 847 000	1 639 000
Financial Balance	353 000	895 000	−328 000	1 434 000
Dividends	0	0	0	0
Net Income	25 138 000	34 133 000	26 261 000	29 079 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 611 000	2 701 000	2 631 000	2 746 000
Real Eastate	3 321 000	2 239 000	2 239 000	2 280 000
Machinery and Plant Facilities	497 000	0	0	0
Fixtures	7 460 000	10 559 000	9 591 000	9 973 000
Total Tangible Assets	11 278 000	12 797 000	11 829 000	12 253 000
Total Fiancial Fixed Assets	18 878 000	17 920 000	149 000	42 524 000
Total Fixed Assets	32 767 000	33 418 000	14 609 000	57 523 000
Stock	42 637 000	37 256 000	28 135 000	24 348 000
Total Investments	0	0	0	0
Cash, Bank	3 775 000	6 319 000	5 141 000	4 779 000
Total Current Assets	160 852 000	148 780 000	182 397 000	161 550 000
Total Assets	193 620 000	182 198 000	197 005 000	219 073 000
Total Equity	91 564 000	91 727 000	63 226 000	84 756 000
Short-Term Group Debt	0	6 392 000	49 423 000	49 324 000
Total Long-Term Debt	32 438 000	0	0	0
Creditors	32 359 000	36 315 000	33 009 000	28 264 000
Unpaid Taxes	13 441 000	14 461 000	9 768 000	14 158 000
Dividends	0	0	0	0
Other Current Debt	23 818 000	24 090 000	35 861 000	35 976 000
Total Current Debt	69 618 000	90 471 000	133 779 000	134 317 000
Total Equity and Debt	193 620 000	182 198 000	197 005 000	219 073 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,45 %	37,21 %	41,54 %	34,31 %
Debt-to-Equity Ratio	0,35	0	0	0
Operating Profit Margin	4,59 %	6,58 %	5,77 %	6,01 %
Current Ratio	2,31	1,64	1,36	1,2
Quick Ratio	5,96	2,8	1,73	1,47
Equity Ratio	0,47	0,5	0,32	0,39
Gross Profit Margin	35,82 %	28,36 %	24,92 %	23,32 %